The major factors driving the growth of this market are the new international GMP & GDP certification for pharmaceutical excipients (North America & Europe),global alliances amongst leading research institutes to boost drug discovery,growing food safety concerns,increasing life science R&D spending, and technological advancements.

Segmentation:

The global molecular spectroscopy market is segmented on the basis of technology, type,application, and geography.

On The Basis Of Type the Market Is Segmented Into

Nuclear Magnetic Resonance

Continuous Wave

Fourier Transform

Solid State

On The Basis Of Technology the Market Is Segmented Into

UV-Vis, Infrared (IR)

Near Infrared (NIR)

Colour Spectroscopy

Raman Spectroscopy

On The Basis Of Usage PatternForm the Market Is Segmented Into

Pharmaceuticals

Biotech

Food and Beverages

Environmental Testing

Academics

Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.